Author: Jay Crone

Reposted When you’re a student, hoping to start a career in investment banking, you imagine a glamourous world of deal-making between the bankers and CEO and CFOs of major corporations, but that’s not quite what you get on your first day on the job as a summer analyst. When I started as a summer analyst[…]

This is a continuation of a series of posts. See parts 1, 2,3, 4 and 5 here, here, here, here and here. I never made it to my final round interview with BMO. Scotia had given me a few days to decide and a couple senior members of the bank called me to convince me to sign. I really[…]

Reposted This is a continuation of a series of posts. See parts 1, 2,3 and 4 here, here, here and here. I called the VP I had met back and he asked if I could come back to Scotia Plaza; the Head of Investment Banking was taking the time to meet with some of the candidates. Meet with[…]

Reposted This is a continuation of a series of posts. See parts 1, 2 and 3 here, here and here. After me, the next one in was from John Hopkins university in Baltimore. He flew in the night before and Scotia had put him up at 1 King West across the street. He had multiple[…]

As previously posted. This is a continuation of a previous post. See the first part of the story here. Next up was National. We had an alumnus from our program there that that was eager to hire more of us, so something like 8 people from my class were interviewing with them (totally crazy for[…]

For those of you currently interviewing for full time investment banking jobs, second round internships are right around the corner. To help you prep, I thought I would give you the low down on what you should expect. Happy prepping! Format Typically 2nd round interviews consist of at least 2, and typically 3 or more[…]

With many of you a few days away from interviews, I thought I would repost a sample from our IncuBanker product covering the most important question you will face… walk me through your resume. This will be the 1st question you will be asked in 95% of your interviews; below, we’ll show you how to tackle it.[…]

As previously posted on Breaking Bay Street… Among the holy trinity of valuation methods (comps, precedents & DCF), only one is bold enough to claim the ability to determine value formulaically. This is of course the discounted cash flow or DCF method, which essentially says that a company is worth the present value of all[…]

Through our coaching service, I help a lot of people with networking, an activity which, when it comes to capital markets jobs is absolutely essential if you want to make yourself into a top candidate. Unfortunately, for most people networking isn’t fun at all and they are prone to stops and starts, limited progress and[…]

People who have recently received an investment banking job offer often ask me what they can do to prepare for Day 1. Undoubtedly, they know they are about to be in for a rough ride and they want to be as prepared as possible. Most of them figure they should probably work at their financial[…]